What are the benefits of electronic tax returns?
For the income tax return, there is no need to print forms. However, for these tax returns, it is still necessary to print the so-called compressed (simplified) tax return, which must be signed and sent to the tax office. The name comes from the fact that only declaration texts relevant to the specific tax case are printed.
At the time of submission, the data is checked for formal accuracy, resulting in significantly fewer queries from the tax offices. Since the intermediate step of manual data entry is eliminated, the taxpayer can be sure that their correct data is accurately transferred. Due to the data already recorded, the processing time is usually reduced. This means you will receive your tax assessment notice faster.
